Archive: February, 2019

New Zealand Oil & Gas Half-year Result

Posted on 27 February 2019

Write-downs of the Kisaran development asset in Indonesia and the Kohatukai well in Taranaki were the main components in a net loss for New Zealand Oil & Gas of $4.8 million for the six months to 31 December 2018. A net loss of $0.7 million was recorded in the prior corresponding period.

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Ironbark Rig Contract Signed

Posted on 13 February 2019

A rig contract has been signed for the Ironbark prospect in WA-359-P, where New Zealand Oil & Gas has agreed to acquire a 15 per cent interest and Cue Energy has a 21.5 per cent partly carried interest.

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